This trading method was developed by Richard Wyckoff in the early 1930s. It consists of a series of principles and strategies originally designed for traders and investors. Wyckoff devoted much of his life to studying market behaviour, and his work still influences much of modern technical analysis (TA). Currently, the Wyckoff method is applied to all types of...
Myth: If the price approaches a level repeatedly, and gets rejected from it, this means that the level is very strong. Reality: After each touch, the level becomes weaker and weaker due to the absorption of the residual orders. Underlying concept: 1. Whenever the price keeps approaching a certain level, there are pending sell orders that are waiting to be...
Myth: If the price approaches a level repeatedly, and gets rejected from it, this means that the level is very strong. Reality: After each touch, the level becomes weaker and weaker due to the absorption of the residual orders. Underlying logic: 1. Whenever the price keeps approaching a certain level, there are pending buy orders which are waiting to be...
I've annotated my charts for your convenience. Enjoy
Over here I explain why its necessary to stay on higher timeframes and avoid noise on the lower timeframes. Hope you enjoy it. Thank you
Trend lines are lines that are drawn on the charts connecting a series of prices together . They helps traders to find the further support and resistance . Further there are two types of Trend Lines: 1. Body to Body Trend lines . 2. Wick to Wick Trend lines . How often you use Trend Lines? Lets us know what you think about this educational idea in comments!
DISCLAIMER: Trading Forex/Cryptocurrency involves risk and you may lose more money than you started with! These posts are not to be taken as financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions. You are trading at your own risk and past performance is NOT...
I'm looking for long-term opportunities to convert my dollars into Bitcoin. This is the monthly BTC/USD chart and the yellow area tells me that demand exceeded supply in a huge way. We have yet to visit this area for the first time since so this is a "fresh" demand zone. If or when price ever returns to this level I will be buying because the odds will be stacked...
HOW TO CHOOSE WHICH ORDER BLOCKS TO USE PART 2 (smart money concepts., institutional trading)
DISCLAIMER: Trading Forex/Cryptocurrency involves risk and you may lose more money than you started with! These posts are not to be taken as financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions. You are trading at your own risk and past performance is NOT...
BITCOIN IS IN DOWNTREND WE ARE SEEING A GREAT SUPPORT AT 30K TO 33K LEVELS. THAT MEANS INVESTORS/TRADERS ARE HEAVILY BUYING AT THIS ZONE. THIS DOWNTREND STARTED WHEN INVESTORS STARTED TO BOOK PROFITS ON 65K FOLLOWED BY SOME NEGATIVE NEWS. THIS RESULTED IN RESISTANCE ZONE AT 65K LEVELS. LIKE IF YOU GET TO LEARN SOMETHING NEW. PLEASE COMMENT IF YOU ANY DOUBTS...
One of the most powerful zones for trade is the Base Patterns. which can be shown as - Rally Base Rally- Rally Base Drop- Drop Base Drop- Drop Base Rally. In fact, the base between two Sharp movements with good momentum. you can find a good base area and decide for trade long or short! Good luck
In this video I explain how the market moves to fulfill orderblocks & supply / demand of large institutional traders. Once you spot these levels it can significantly improve your trading results. Please Like / Comment / Share this video with anyone that you think will find it useful.
Criteria • Market in uptrend • Three long black candles (or red) • Open of last two within, or below, prior black real bodies • Each candle closes at, or near, its low Market Implication Top reversal Support or Resistance Not used as resistance How To Trade: 1) Right after completion of 3rd red/black candle place a sell order with stop loss and target....
The J-Hook Pattern Normally it should be a signal of continuation of the current Trend. – It occurs during an Uptrend; confirmation is required by the candles that follow the Pattern. – The Pattern starts with a rapid increase in the Prices. (1) – Then there is a Candlestick Pattern that gives a bearish signal (So the Traders start to sell). (2) – The prices...
Support and resistance are the zones from where most of the sellers/buyers are willing to place their orders. for example, a round number 1.30000 will also act as an S&R zone due to psychological level. price bounces from support and resistance zones many times and it always remains valid. More bounces mean a stronger zone. . . Whereas the supply and demand zone...
DISCLAIMER: Trading Forex/Cryptocurrency involves risk and you may lose more money than you started with! These posts are not to be taken as financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions. You are trading at your own risk and past performance is NOT...
Wyckoff's three laws: Supply and demand. Cause and effect. Law of effort. Saved for personal and public curve representation and visuals on a large time frame.